Eric Trump: We are the most debanked family in the world
Eric Trump
@EricTrump stated at the Consensus conference that his family faced a comprehensive ban from the traditional banking sector, becoming the "most debanked family in the world." He believes the traditional financial system is broken and punitive toward consumers, citing that banks pay depositors only 10 basis points in interest while taking a 4% spread to build luxury skyscrapers.
Eric believes that cryptocurrency can eliminate exorbitant intermediary fees and democratize finance, while also serving as a decentralized store of value immune to political interference and natural disasters.